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Gold/Mining/Energy : SII Rebound -- Ignore unavailable to you. Want to Upgrade?


To: J. Fred Donham who wrote (6)10/16/1998 7:26:00 PM
From: John Rowton  Respond to of 14
 
All of the oil service stocks were extremely strong, I am holding
out for at least 45 by the end of the year. I am sure you looked at
slb,hal,ron and rig also. Money is pouring into these stocks and
flowing out of something. I did notice that both dell and csco were
down today in this up move. Also, internets are not participating.
Good move on the sii, congrats.



To: J. Fred Donham who wrote (6)10/16/1998 9:51:00 PM
From: sunfish  Read Replies (1) | Respond to of 14
 
I haven't a clue what is driving the stock (more than just the strength in the group it would seem to me, maybe takeover rumor/reality?). I first bought at 33 and then more than doubled in at 26. I am sitting on a 20% profit in this stock overall. Will hold longer term. $45 suggested by the next poster as a good exit point works for me as a reasonable recovery from the steep decline. You gotta love the steepness of the recovery too!